Bimputh Finance : Annual Report 2020/2021

Annual Report

2020/21

BIMPUTH FINANCE PLC

POWER OF CREATE

Every new day marks a new beginning, and here at Bimputh Finance, that is our promise to you. Over the years we paved the path for countless lives to craft their futures, achieve their calling, and fulfill their ambitions - providing the means for our stakeholders to achieve their dreams, and succeed at all they set out to do.

As we strive to illuminating lives with the potential to transform and grow, we are envisioning an era of development and change. We are working towards achieving a better tomorrow, and promising dawn of a new day.

Table of Contents

01	08
ABOUT THIS REPORT	OUR COMPANY
Performance Highlights, Chairman's Statement,	Vision, Mission and Values
Chief Executive Officer's Review, Board of
Directors Etc..
09	14
OUR INTEGRATED STRATEGY	MANAGEMENT DISCUSSION &
Valuve Creation Model, Operating Environment,	ANALYSIS
Industry Landscape, Opportunities and Risk, Our	Business Line Reviews , Capital Management
Strategy, Success Stories	Financial, Human, Social and Relationship,
	Manufactured, Natural Capitals
23	52
STEWARDSHIP	FINANCIAL REPORTS
Risk Management, Corporate Governance ,	Independent Auditor's Report, Statement of
Statutory Report	Comprehensive Income Ect..
96
ANNEXES

Investor Information, GRI Contex Index, Notice of Meeting, Form of Proxy

ABOUT THIS REPORT

Scope and Boundary

The report covers the operations of Bimputh Finance PLC (''Bimputh'' or the "Company'') for the period from 1st of April 2020 to 31st March 2021. The content of the report was determined through a process of materiality assessment as described in page of the annual report. There were no significant restatements of information nor significant changes in the Company's size, structure ownership or supply chain during the year.

STANDARDS AND PRINCIPLES

Regulatory requirements

•	Finance Business Act No. 42 of 2011
•	Companies Act No.7 of 2007

REPORTING IMPROVEMENTS

• Enhanced the strategic focus of the report by linking KPIs and material topics to strategy
• Business line reviews for the key product segments
• Improved the connectivity of information by signposting the key areas in the value creation diagram and across the Report
• Clarity and conciseness were improved by ensuring material topics are relevant and up to date.

• Finance Leasing Act No. 56 of 2000
•	Finance	companies	(corporate
	governance) Direction No 3 of 2008.
• Sri Lanka Financial Reporting Standards.
• Continued Listing Requirements of the
	Colombo Stock Exchange
•	Sri Lanka Accounting & Auditing
	Standards Act No.15 of 2015.
•	Integrated	Reporting	Framework
	issued by the International Integrated
	Reporting Council.

FINANCIAL

CAPITAL

HUMAN

CAPITAL

SOCIAL &

RELATIONSHIP

CAPITAL

INTELLECTUAL

CAPITAL

DIRECTORS' RESPONSIBILITY

The Board of directors acknowledge the responsibility to ensure the integrity of this Annual report. We hereby confirm that the 2020/21 Annual report discloses all material information and fairly represents the integrated performance of the company. The report is approved and authorised for publication.

SIGNED ON BEHALF OF THE BOARD

• Code of Best Practice on Corporate

Governance issued by the Institute of

Chartered Accountants, The Securities

and Exchange Commission of Sri Lanka

and The Colombo Stock Exchange

(2013)

MANUFACTURED

CAPITAL

NATURAL

ACAPITAL

Feedback

We welcome your comments and suggestions in improving the readability of our report.

Please direct your feedback to:

M N H Nashwaq

Head of Finance [e-mail]